8832 SHADY PAVILLION CT, Land O Lakes, FL 34637
*** Buyer Agent friendly!***Bring your offers! Discover your dream home in the highly sought-after Connerton Community. This spacious two-story residence is ideal for growing or multigenerational families and includes a fantastic 12-month rate buydown option, valued up to $5,400, to make your new home even more affordable with reduced interest rates for the first year. This meticulously maintained gem features five bedrooms and three full bathrooms, including a convenient guest room with a full bath on the main floor. The expansive floor plan offers a bonus room on the first floor and a large loft upstairs, perfect for relaxation and entertainment. Situated on an oversized lot, the property includes an expanded paved driveway leading to a 3-car tandem garage with an insulated door. Modern amenities abound, including a Nest smart doorbell and thermostats, a tankless water heater, a water softener, and an updated Rainbird irrigation system. The luxurious primary suite boasts his and hers walk-in closets, an en suite bath with dual vanities, a garden tub, a separate shower, and a direct connection to the laundry room with a custom folding area. Upstairs, you'll find three additional large bedrooms, each with walk-in closets. The open kitchen features granite counters, a 5-burner gas range with a double oven, an oversized pantry with custom wood shelves, and LED under-cabinet lighting. Enjoy outdoor living on the screened and pavered lanai, which overlooks a private, wooded conservation lot enclosed with a full PVC fence—ideal for enjoying Florida’s year-round weather. The home also includes a 2-person enclosed office space, perfect for working from home. Enhanced security is provided by a closed-circuit home security system with four outdoor cameras. You’ll be just steps away from multiple family-friendly amenities, including a resort-style swimming pool with a waterslide and splash park, a heated lap pool, a fully equipped clubhouse, and a vast open field perfect for soccer, football, and parties – all the luxury and none of the maintenance. Additional amenities include guest parking, basketball and tennis courts, a volleyball sand court, pickleball, a gym, a café, meeting rooms, pavilions, grills, and designated fishing ponds. There is also convenient access to nearby golf courses, including The Groves Golf and Country Club. Combining comfort, style, and a vibrant community with unparalleled recreational opportunities, this exceptional property offers a rare chance to live in luxury with ease. Don’t miss out—schedule your showing today!
You may be able to put down less than the total down payment amount of $80,290 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Frequently asked questions
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3534915